WORLD OFFICIAL GOLD HOLDINGS
International Financial Statistics, June 2023*

% of
Holdings as
Tonnes
reserves**
of
1 United States
8,133.5
68.8%
Apr 2023
2 Germany
3,354.9
68.2%
Mar 2023
1)
3 IMF
2,814.0
Apr 2023
4 Italy
2,451.8
65.4%
Mar 2023
5 France
2,436.8
67.0%
Mar 2023
6 Russian Federation
2,326.5
24.9%
Mar 2023
7 China, P.R.: Mainland
2,076.5
3.9%
Apr 2023
8 Switzerland
1,040.0
7.4%
Mar 2023
9 Japan
846.0
4.3%
Apr 2023
10 India
794.6
8.5%
Mar 2023
11 Netherlands, The
612.5
57.7%
Mar 2023
12 ECB
506.5
35.5%
Mar 2023
13 Turkey5)
491.2
31.4%
Nov 2022
14 Taiwan Province of Chi
423.6
4.6%
Mar 2023
15 Portugal
382.6
70.2%
Mar 2023
16 Uzbekistan, Rep. of
379.8
68.8%
Apr 2023
17 Saudi Arabia
323.1
4.4%
Feb 2023
18 Kazakhstan, Rep. of
319.0
54.1%
Apr 2023
19 United Kingdom
310.3
11.3%
Apr 2023
20 Lebanon
286.8
55.1%
Mar 2023
21 Spain
281.6
18.3%
Mar 2023
22 Austria
280.0
50.1%
Mar 2023
23 Thailand
244.2
6.9%
Jan 2023
24 Poland, Rep. of
243.5
8.7%
Apr 2023
25 Belgium
227.4
33.8%
Mar 2023
26 Singapore
222.4
4.4%
Apr 2023
27 Algeria
173.6
14.0%
Apr 2023
28 Venezuela, Republica B
161.2
84.2%
Jun 2018
29 Philippines
159.8
10.0%
Mar 2023
30 Iraq
130.3
8.1%
Jan 2023
31 Brazil
129.7
2.4%
Apr 2023
32 Sweden
125.7
13.4%
Apr 2023
33 Egypt, Arab Rep. of
125.7
24.3%
Feb 2023
34 South Africa
125.4
13.0%
Feb 2023
35 Mexico
120.2
3.7%
Apr 2023
36 Libya
116.6
9.2%
Nov 2020
37 Greece
114.3
54.9%
Mar 2023
38 Korea, Rep. of
104.4
1.6%
Mar 2023
39 Romania
103.6
10.1%
Apr 2023
1)
40 BIS2)
102.0
Feb 2023
41 Hungary
94.5
13.8%
Apr 2023
42 Qatar
91.8
12.0%
Mar 2023
43 Australia
79.8
8.6%
Apr 2023
44 Kuwait
79.0
9.2%
Mar 2023
45 Indonesia
78.6
3.4%
Mar 2023
46 United Arab Emirates
74.5
3.2%
Mar 2023
47 Denmark
66.5
4.2%
Apr 2023
48 Pakistan
64.7
43.7%
Mar 2023
49 Argentina
61.7
10.1%
Mar 2023
50 Belarus, Rep. of4)
53.6
43.9%
Jun 2022

% of
Holdings as
Tonnes
reserves** of
51 Finland
49.0
18.8%
Mar 2023
52 Jordan
43.5
17.6%
Oct 2017
53 Bolivia
42.5
74.1%
Jan 2023
54 Cambodia
42.5
14.9%
Feb 2023
55 Bulgaria
40.9
6.8%
Apr 2023
56 Malaysia
38.9
2.2%
Apr 2023
57 Serbia, Rep. of
38.5
10.5%
Mar 2023
58 WAEMU3)
36.5
13.5%
Mar 2023
59 Peru
34.7
3.1%
Jul 2021
60 Ecuador
33.8
26.3%
Mar 2023
61 Slovak Rep.
31.7
19.4%
Mar 2023
62 Ukraine
27.1
4.8%
Apr 2023
63 Syrian Arab Republic
25.8
9.0%
Jun 2011
64 Morocco
22.1
4.0%
Mar 2023
65 Afghanistan, Islamic Rep.
21.9
14.4%
May 2021
66 Nigeria
21.5
3.2%
Jan 2018
67 Czech Rep.
15.3
0.7%
Apr 2023
68 Kyrgyz Rep.
15.1
41.3%
Apr 2023
69 Bangladesh
14.0
2.8%
Jan 2023
70 Cyprus
13.9
48.6%
Mar 2023
71 Curaçao and Sint Maarten
13.1
32.8%
Mar 2023
72 Mauritius
12.4
12.3%
Apr 2023
73 Ireland
12.0
5.8%
Mar 2023
74 Ghana
8.7
7.5%
Jun 2022
75 Paraguay
8.2
5.5%
Apr 2023
76 Nepal
8.0
5.6%
Oct 2022
77 Tajikistan, Rep. of
7.4
13.1%
Feb 2023
78 Myanmar
7.3
5.7%
Mar 2021
79 Guatemala
6.9
2.2%
Apr 2023
80 North Macedonia, Republic
6.9
9.7%
Apr 2023
81 Tunisia
6.8
5.5%
Mar 2023
82 Latvia
6.7
9.1%
Mar 2023
83 Mongolia
6.2
10.8%
Apr 2023
84 Lithuania
5.8
6.0%
Mar 2023
85 Colombia
4.7
0.5%
Apr 2023
86 Bahrain, Kingdom of
4.7
5.4%
Feb 2023
87 Brunei Darussalam
4.5
7.2%
Nov 2022
88 Mozambique, Rep. of
3.9
8.1%
Feb 2023
89 Albania
3.4
4.0%
Mar 2023
90 Slovenia, Rep. of
3.2
8.6%
Mar 2023
91 Aruba, Kingdom of the Ne
3.1
12.7%
Nov 2022
92 Luxembourg
2.2
4.8%
Mar 2023
93 Oman
2.2
0.8%
Feb 2023
94 Hong Kong SAR
2.1
0.0%
Mar 2023
95 Iceland
2.0
2.1%
Apr 2023
96 Papua New Guinea
2.0
5.3%
Jun 2020
97 Trinidad and Tobago
1.9
1.8%
Apr 2023
98 Haiti
1.8
4.4%
Jul 2019
99 Yemen, Republic of
1.6
1.9%
Jul 2014
100 Bosnia and Herzegovina
1.5
1.1%
Mar 2023

 
WORLD OFFICIAL GOLD HOLDINGS
International Financial Statistics, June 2023*
% of
Holdings as
Other
Tonnes
reserves**
of
1)
35,695.1
Mar 2023
World6)
Euro Area (incl. ECB)
10,773.2
55.8%
Mar 2023
101.8
12.1%
State Oil Fund of the Republic
of Azerbaijan
(SOFAZ)8)Mar 2023

NOTES
* This table was updated in June 2023 and reports data available at that time. Data are taken from the International
Monetary Fund's International Financial Statistics (IFS), June 2023 edition, and other sources where applicable. IFS data
are two months in arrears, so holdings are as of April 2023 for most countries, March 2023 or earlier for late reporters.
The table does not list all gold holders: some countries are known to hold gold but they do not report their holdings
publicly. Where the WGC knows of movements that are not reported to the IMF or misprints, changes have been made.
**The percentage share held in gold of total foreign reserves, as calculated by the World Gold Council. The value of gold
holdings is calculated using the end of month LBMA Gold price published daily by ICE Benchmark Administration. In April
2023 the end of month gold price was US$1982.55/oz. Data for the value of other reserves are taken from IFS, table
‘Total Reserves minus Gold’.
1. BIS and IMF balance sheets do not allow this percentage to be calculated. In the case of any countries, up to date data
for other reserves are not available.
2. BIS data are updated each year from the BIS’s annual report to reflect the Bank’s gold investment assets excluding
any gold held in connection with swap operations, under which the Bank exchanges currencies for physical gold. The
bank has an obligation to return the gold at the end of the contract.
3. West African Economic Monetary Union including the central bank.
4. Includes only "Monetary gold" as of February 2014.
5. The figure provided is official sector gold reserves, i.e. the sum of central bank owned gold and Treasury gold holdings.
This is equivalent to gross gold reserves less all gold held at the central bank in relation to commercial sector gold
policies, such as the Reserve Option Mechanism (ROM), collateral, deposits, and swaps. Please see this link for
information on this new methodology: https://www.gold.org/download/file/16208/Central-bank-stats-methodologytechincal-adjustments.pdf
6. World total as calculated by the IMF. This will not equal the total for the countries in the table as ‘World total’ will include
data for countries beyond the top 100 and for countries that do not publish their reserves. World total also captures BIS
holdings inclusive of swap operations (please see footnote 2 above for World Gold Council treatment of BIS holdings).
7. In July 2015 The State Bank of Vietnam stated that gold reserves totalled 10 tonnes. This is omitted from our ranking
above due to the current absence of any published data.
8. SOFAZ accumulates gold in accordance with the amendments made to the Investment Policy of the Fund for the
purposes of diversification. Its investment policy was amended in 2019 to extend the gold allocation limit from 5% to 10%,
along with maximum upper deviation of 3% (https://www.oilfund.az/storage/images/joqajf7fm8.pdf). Currently, the Central
Bank of Azerbaijan does not hold any gold.